Survey on KPMG
The complex environment in which businesses operate today creates the need for sophisticated business continuity management (BCM) program that address a wide range of threats, including natural disasters, technology issues and man made incidents. It is also important that these programs stay in sync with the strategic goals of the organization. The 2011-2012 Continuity Insights & KPMG LLP Global Business Continuity Management Program Benchmarking Study is a comprehensive look at the current state of BCM programs and the drivers for further program development.
The online survey conducted by Continutity Insights between November 2011 and January 2012, explores changes to the global risk landscape, supply chain interdependicies, the emergence and increased usage of cloud computing, mobile applications and social media.
One of the critical success factors for an organization is the ability to identify and successfully mitigate the risks associated with running its operations. These risks, can be grouped into various categories under the heading “operational risks”, refer to any type of risk that is neither financial nor market related.
There are many sources of operational disruptions, all of which can be devastating affects if not sufficiently planned for. The process of planning can begin only when these threats and their impacts have been thoroughly assessed.
BCM has emerged as one of the key disciplines that organizations can use to manage operational risk. The discipline continues to evolve from one that is focused on responding to an event or incident to one that adapts to changing market trends and threats.